SOCIALISTIC REGIME PLAN
CANADIAN PARTY’S PROPOSALS. MANIFESTO STATES POLICY. By Telegraph—Press Assn.—Copyright. Regina,, July 19. The Co-operative Commonwealth Federation in a manifesto states that it would create a national planning commission to guide the nation in its transition, and boards of management for the control of public utilities and other social enterprises. Under the regime it hopes to establish, banking and insurance would become socialised gradually. Socialisation would be extended to industry; first to transportation, communication and electric power production, -to be followed by mining, wood pulp and paper, and distribution of bread, coal and gasoline. The manifesto declared that no cooperative commonwealth federal, government would rest content until it had eradicated capitalism under the type of economy envisaged, and added that the need for taxation as now understood would legally disappear, though taxing powers would have to be used during the transition period, along with other methods as a means of providing for the socialisation of industry and extending the benefits of increased social services.
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Taranaki Daily News, 21 July 1933, Page 7
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166SOCIALISTIC REGIME PLAN Taranaki Daily News, 21 July 1933, Page 7
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